Umno Youth upset no price cut by traders
Published: Jan 8, 2015 1:00 AM | Updated: Jan 8, 2015 2:30 AM
Traders’ refusal to drop prices despite 30 to 35 sen per litre cut in fuel costs is upsetting Umno Youth.
Traders’ refusal to drop prices despite 30 to 35 sen per litre cut in fuel costs is upsetting Umno Youth.
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ts deputy chief Khairul Azwan Harun said traders should do so as they were quick to raise prices when fuel costs went up following subsidy cuts last year.
“This is upsetting. Since when have we, Malaysians, become so selfish as to think only of our own benefits instead of the wellbeing of the whole nation?
“Should we really allow ourselves to be victimised by the opportunists?” he asked in a statement.
He said also reject excuses by traders that they are also victims of profiteering by suppliers or middlemen, or that consumers are used to the high prices.
He added traders should cooperate with the government to reduce prices following the implementation of the managed float system of fuel prices.
“Suppliers, distributors, and traders should be more empathetic. They should bear in mind that outside their business, they too are consumers,” he said.
RON95 retails at RM1.91 per litre, RON97 RM2.11 while diesel costs RM1.93 per litre.
Why TNB rates not down?
Separately, DAP’s Senai assemblyperson Wong Shu Qi questioned why the government has not slashed electricity tariffs given lower fuel costs.
Further, she said, the government said revisions are done on a six-monthly basis and the last revision was done in June 2014.
Failure to revise the tariffs would mean Malaysians would continue to pay a high rate for electricity, while producers can produce at a cheaper cost.
She said it is bewildering that the government was quick to raise tariffs whenever Tenaga Nasional Bhd (TNB) laments high costs of fuel, but is silent when fuel costs come tumbling down.
“Is the Water, Green Technology and Energy Minister Maximus Johnity Ongkili still on holiday that he doesn’t realise that this unjustified electricity tariff is a burden to the people?” she asked.
I
ts deputy chief Khairul Azwan Harun said traders should do so as they were quick to raise prices when fuel costs went up following subsidy cuts last year.“This is upsetting. Since when have we, Malaysians, become so selfish as to think only of our own benefits instead of the wellbeing of the whole nation?
“Should we really allow ourselves to be victimised by the opportunists?” he asked in a statement.
He said also reject excuses by traders that they are also victims of profiteering by suppliers or middlemen, or that consumers are used to the high prices.
He added traders should cooperate with the government to reduce prices following the implementation of the managed float system of fuel prices.
“Suppliers, distributors, and traders should be more empathetic. They should bear in mind that outside their business, they too are consumers,” he said.
RON95 retails at RM1.91 per litre, RON97 RM2.11 while diesel costs RM1.93 per litre.
Why TNB rates not down?
Separately, DAP’s Senai assemblyperson Wong Shu Qi questioned why the government has not slashed electricity tariffs given lower fuel costs.Further, she said, the government said revisions are done on a six-monthly basis and the last revision was done in June 2014.
Failure to revise the tariffs would mean Malaysians would continue to pay a high rate for electricity, while producers can produce at a cheaper cost.
She said it is bewildering that the government was quick to raise tariffs whenever Tenaga Nasional Bhd (TNB) laments high costs of fuel, but is silent when fuel costs come tumbling down.
“Is the Water, Green Technology and Energy Minister Maximus Johnity Ongkili still on holiday that he doesn’t realise that this unjustified electricity tariff is a burden to the people?” she asked.
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